COLOMBO, May 27 : Sri Lanka's surprise 100 basis-point interest rate hike risks tipping into over-tightening just as a fragile, IMF-backed recovery takes hold, signalling a shift by policymakers back to crisis-prevention mode as external pressures mount, analysts said. The Central Bank of Sri Lanka's Tuesday policy rate hike - the first in more than three years - to 8.75 per cent from 7.75 per cent comes as authorities scramble to contain pressure on foreign exchange reserves, while preventing

Tag-uri: SRI